Lucara Diamond (TSE:LUC) Posts Earnings Results

Lucara Diamond (TSE:LUC) posted its earnings results on Tuesday. The company reported C$0.02 earnings per share (EPS) for the quarter, FiscalAI reports. Lucara Diamond had a net margin of 27.84% and a return on equity of 19.72%. The firm had revenue of C$44.80 million during the quarter.

Lucara Diamond Price Performance

TSE:LUC remained flat at C$0.29 during trading hours on Tuesday. The company had a trading volume of 145,291 shares, compared to its average volume of 450,666. The company has a current ratio of 0.38, a quick ratio of 1.42 and a debt-to-equity ratio of 8.58. The company has a 50 day moving average of C$0.24 and a two-hundred day moving average of C$0.21. The company has a market cap of C$423.82 million, a price-to-earnings ratio of 2.59, a P/E/G ratio of -0.81 and a beta of 0.52. Lucara Diamond has a 12 month low of C$0.16 and a 12 month high of C$0.41.

Lucara Diamond Company Profile

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company’s operations and development activities. Lucara has an experienced board of directors (the “Board”) and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations.